This is just my opinion, but the reason this would never work here is because it would make our unions obsolete,

They would never go for it.

I love the idea of workers having insights and responsibility into the process of the corporation.

I would not call that socialism at all, more communal capitalism.

unions are pretty obsolete already.

The Germans operate quite differently from our "free market". Instead of shareholders being the all-powerful controllers of the economy, there is a balance, and it is an essential balance that allows for regulations, a fair tax base, and the protection of good manufacturing jobs. They are not slaves to the idea of the public forking money over to CEOs, or caving to ridiculous demands that undercut civil society.